SOL Short-term Analysis

Currently around 73.80, up sharply by 2.11%, with a strong intraday rebound
Bollinger lower band and middle band form a double support, indicating short-term bullish momentum
Trend
1. The previous low of 73.23 initiated a rapid rebound rally, bottoming out and then moving upward unilaterally to recover all intraday losses, rising from the low of 73.23 to the current price of 73.93, gradually testing the Bollinger upper band at 74.30
2. Early decline created a low point at 73.23, with sufficient capital support, followed by a series of bullish candles reversing the trend, the Bollinger channel opening again upward, and the bullish battle clearly favoring the bulls, with trading volume significantly increasing compared to the decline phase
Details of the support zone
1. Below the right support zone at 73.90-73.93, buy orders are densely clustered, with strong support below, and short-term selling resistance is relatively high
2. During the upward phase, trading volume continued to rise, market bottom-fishing activity heated up, and there is volume support for continued rebound #sol